Arca Continental (Mexico) Market Value
| AC Stock | MXN 171.62 1.13 0.66% |
| Symbol | Arca |
Arca Continental 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Arca Continental's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Arca Continental.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Arca Continental on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Arca Continental SAB or generate 0.0% return on investment in Arca Continental over 30 days. Arca Continental is related to or competes with Walmart, Amazon, Accenture Plc, United Parcel, Home Depot, Target, and Starbucks. Arca Continental, S.A.B. de C.V., together with its subsidiaries, produces, distributes, and sells non-alcoholic beverag... More
Arca Continental Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Arca Continental's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Arca Continental SAB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 5.57 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 1.95 |
Arca Continental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arca Continental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arca Continental's standard deviation. In reality, there are many statistical measures that can use Arca Continental historical prices to predict the future Arca Continental's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 1.15 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Arca Continental's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Arca Continental SAB Backtested Returns
Arca Continental SAB secures Sharpe Ratio (or Efficiency) of -0.0966, which signifies that the company had a -0.0966% return per unit of standard deviation over the last 3 months. Arca Continental SAB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arca Continental's risk adjusted performance of (0.04), and Mean Deviation of 1.11 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0931, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Arca Continental are expected to decrease at a much lower rate. During the bear market, Arca Continental is likely to outperform the market. Arca Continental SAB has an expected return of -0.13%. Please make sure to confirm Arca Continental SAB potential upside, and the relationship between the jensen alpha and rate of daily change , to decide if Arca Continental SAB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Arca Continental SAB has poor reverse predictability. Overlapping area represents the amount of predictability between Arca Continental time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Arca Continental SAB price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Arca Continental price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 6.22 |
Arca Continental SAB lagged returns against current returns
Autocorrelation, which is Arca Continental stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Arca Continental's stock expected returns. We can calculate the autocorrelation of Arca Continental returns to help us make a trade decision. For example, suppose you find that Arca Continental has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Arca Continental regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Arca Continental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arca Continental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arca Continental stock over time.
Current vs Lagged Prices |
| Timeline |
Arca Continental Lagged Returns
When evaluating Arca Continental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arca Continental stock have on its future price. Arca Continental autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Arca Continental autocorrelation shows the relationship between Arca Continental stock current value and its past values and can show if there is a momentum factor associated with investing in Arca Continental SAB.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Arca Continental in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Arca Continental's short interest history, or implied volatility extrapolated from Arca Continental options trading.
Pair Trading with Arca Continental
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arca Continental position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arca Continental will appreciate offsetting losses from the drop in the long position's value.Moving against Arca Stock
| 0.86 | MRO | Marathon Oil Earnings Call This Week | PairCorr |
| 0.86 | DVN | Devon Energy | PairCorr |
| 0.68 | RIGN | Transocean | PairCorr |
| 0.58 | APA | APA Corporation Earnings Call This Week | PairCorr |
| 0.53 | RCL | Royal Caribbean Group | PairCorr |
The ability to find closely correlated positions to Arca Continental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arca Continental when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arca Continental - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arca Continental SAB to buy it.
The correlation of Arca Continental is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arca Continental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arca Continental SAB moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arca Continental can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Arca Continental Correlation, Arca Continental Volatility and Arca Continental Alpha and Beta module to complement your research on Arca Continental. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Arca Stock analysis
When running Arca Continental's price analysis, check to measure Arca Continental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arca Continental is operating at the current time. Most of Arca Continental's value examination focuses on studying past and present price action to predict the probability of Arca Continental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arca Continental's price. Additionally, you may evaluate how the addition of Arca Continental to your portfolios can decrease your overall portfolio volatility.
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Arca Continental technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.